USAID Trade and Economic Activity in Turkmenistan

Background
USAID/RMCA is designing a new Trade and Economic Growth activity aimed at diversifying Turkmenistan's economy, enhancing trade opportunities, and improving the investment climate to foster sustainable, resilient, and inclusive economic growth.

This initiative is in partnership with the Government of Turkmenistan and aligns with Turkmenistan’s National Action Plan for Socioeconomic Development as well as U.S. Government priorities in the region. The program will address key opportunities for economic development, including enhancing trade routes, streamlining border crossings, and improving business transparency and regulatory clarity.

Work Details
The five-year bilateral program will focus on:
1) Identifying opportunities for policy reforms;
2) Enhancing trade routes;
3) Fostering an investment-friendly climate;
4) Improving the business environment to strengthen Turkmenistan's capacity for cross-border trade;
5) Conducting comprehensive assessments and consultations with stakeholders such as local businesses, international financial institutions, and donor organizations to pinpoint strategic opportunities for economic growth and trade development.

Additionally, USAID’s related activities include Trade Central Asia (TCA), which aims to improve regional trade connectivity and support women traders, and the Future Growth Initiative (FGI), which focuses on increasing competitiveness in high-growth industries through market systems approaches.

Period of Performance
The contract will be performed over a five-year period.

Place of Performance
Turkmenistan